News in Systemic Risk: Wednesday, June 4, 2025 (9:45 a.m. ET) June 4, 2025 Population Aging and Financial Stability: An Empirical Analysis (Hun Jang; Bank of Korea) Stablecoin Runs and the Centralization of Arbitrage (Yiming Ma, Yao Zeng & Anthony Lee Zhang; NBER) Global Investors Have a New Reason to Pull Back From U.S. Debt (Jon Sindreu; Wall Street Journal) Could Trump’s ‘big beautiful bill’ kill the OFR and accidentally sabotage SOFR? (Robin Wigglesworth and Kate Duguid; Financial Times) Pervasive Uncertainty Calls for a Patient Policy Stance (Raphael Bostic; Federal Reserve Bank of Atlanta) Related Stories Matcha Scrubs Officially Launches on June 19 Going Beyond Buzzwords at the Yale Blockchain Conference Students Get an Early Start Serving as Nonprofit Board Members
